Defence Spending

Pakistan’s Finance Minister Muhammad Aurangzeb presented the federal budget 2025-26 with a Rs17.573 trillion outlay, targeting 4.2% GDP growth, 7.5% inflation, major tax reforms, enhanced social spending, and defence allocations, …

In a major policy shift, UK Prime Minister Keir Starmer announces the country’s military will enter a phase of “war-fighting readiness,” pledging to increase defence spending to 3% of GDP …

Tarin says action will be taken against those who ignore FBR’s notices. Finance minister says budget 2021-22 to be implemented from July 1. FBR will not be allowed to harass …